I have so far paid $429.00 for a $250 loan. I am told there will be another payment coming out for $279.00. I never signed a contract, on request they finally sent me a contract that says I electronically signed, which I didn't. I submitted my information on line for a loan, and next thing I knew there was $250.00 deposited into my account, I didn't even know where it came from, but this site helped me find out by what was written on my bank statement. How do I stop another payment from coming out without closing my bank account? I live in Pennsylvania if you need to know that. Thanks
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.